Squarepoint Ops LLC Grows Position in Varex Imaging $VREX

Squarepoint Ops LLC increased its position in Varex Imaging (NASDAQ:VREX) by 435.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 184,236 shares of the company’s stock after purchasing an additional 149,802 shares during the period. Squarepoint Ops LLC’s holdings in Varex Imaging were worth $1,597,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company boosted its position in Varex Imaging by 10.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 15,302 shares of the company’s stock valued at $133,000 after buying an additional 1,442 shares during the period. LSV Asset Management boosted its holdings in shares of Varex Imaging by 0.5% during the second quarter. LSV Asset Management now owns 328,610 shares of the company’s stock worth $2,849,000 after purchasing an additional 1,631 shares during the period. BNP Paribas Financial Markets grew its stake in shares of Varex Imaging by 18.5% in the second quarter. BNP Paribas Financial Markets now owns 13,045 shares of the company’s stock worth $113,000 after purchasing an additional 2,036 shares during the last quarter. Nebula Research & Development LLC grew its stake in shares of Varex Imaging by 11.0% in the second quarter. Nebula Research & Development LLC now owns 22,795 shares of the company’s stock worth $198,000 after purchasing an additional 2,250 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Varex Imaging by 25.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 13,104 shares of the company’s stock valued at $115,000 after purchasing an additional 2,659 shares during the period.

Varex Imaging Trading Down 0.3%

NASDAQ VREX opened at $12.29 on Friday. The firm has a market capitalization of $512.49 million, a PE ratio of -7.23 and a beta of 0.86. The stock’s 50 day moving average is $11.68 and its 200 day moving average is $10.39. Varex Imaging has a twelve month low of $6.76 and a twelve month high of $15.46. The company has a quick ratio of 1.83, a current ratio of 3.43 and a debt-to-equity ratio of 0.75.

Varex Imaging (NASDAQ:VREX) last posted its quarterly earnings data on Tuesday, November 18th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.19. The business had revenue of $228.90 million during the quarter, compared to the consensus estimate of $219.26 million. Varex Imaging had a positive return on equity of 7.19% and a negative net margin of 8.32%.Varex Imaging has set its Q1 2026 guidance at 0.050-0.250 EPS. Research analysts forecast that Varex Imaging will post 0.53 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

VREX has been the subject of several research analyst reports. B. Riley reiterated a “buy” rating and issued a $16.00 price objective on shares of Varex Imaging in a report on Wednesday, November 19th. Wall Street Zen raised Varex Imaging from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 22nd. Oppenheimer cut their price target on shares of Varex Imaging from $23.00 to $18.00 and set an “outperform” rating on the stock in a report on Wednesday, November 19th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Varex Imaging in a report on Monday. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Varex Imaging has an average rating of “Hold” and a consensus target price of $17.00.

Varex Imaging Profile

Varex Imaging Corporation is a global provider of X-ray imaging components and solutions for the medical, security and industrial markets. The company designs, develops and manufactures a broad range of products that convert X-ray energy into high-resolution digital images. Its portfolio includes X-ray tubes, flat panel detectors, digital sensors, specialty radiographic tubes and related software, all engineered to meet the demanding requirements of original equipment manufacturers (OEMs) in diagnostic imaging, computed tomography (CT), fluoroscopy, mammography, dental radiography and non-destructive testing applications.

The company’s medical imaging offerings support a wide spectrum of clinical modalities, from portable radiography systems to advanced CT scanners, enhancing image quality and dose efficiency for healthcare providers.